Without knowing the amount of equity, positive or negative, we can't advise.

As a newbie, how can you factor in these expenses to see whether you cash flow is positive?

All which places you in the best position to extract a portion of the revenue.

Hi All,I am in a three way equity position in a buy and hold.

A private investigator or skip tracer might help but actually I'm not sure throwing more money out to find him would payoff as the authorities will be looking for him popping up.If it were me, I'd post the guy's name and company name stating the facts, it would certainly give notice to others and he's in no position to do anything if you state the true facts.

You are entitled to a free copy of credit report once a year (from each bureau) but the only way to really know your "score"- the magic number the lenders use- is to go to myfico.com and pay for it .It doesn't sound to me that you're in that bad a position, actually!

Is this a place that you and your team can bring something positive to?

As you're on the loans, they'll count them towards your DTI, however, if you have 2 years of tax returns showing positive income, it should actually help your DTI ratios.

Would love some advice as to best way to attack REI from here, looking to buy n hold but would have exit strategies as flipping/wholesaling if the property made sense for that option.Reading and learning as much as possible but I feel I am in a position to start acting!

I just don't see how you could ever make money unless you had a huge down payment or wanted to buy and hold and hope for appreciation many years down the road.The positive aspect about this town is it seems to be quite stable, real estate has leveled out and is actually turning around here quickly.